District Of Columbia § 1-308.01 - Definitions.

Full text of District Of Columbia D.C. Code § 1-308.01 — Definitions., with citation guidance and answers to common questions.

§ 1-308.01. Definitions.

1-308.01

For the purposes of this part, the term:

(1)

“Bonds” means any bonds, notes, or other instruments issued by the District pursuant to and secured by payments in lieu of taxes or other security authorized by this part.

(2)

“Development costs” means all costs and expenses relating to the development, redevelopment, purchase, acquisition, protection, financing, construction, expansion, reconstruction, restoration, rehabilitation, renovation and repair, and the furnishing, equipping, and operating of a project, including:

(A)

The purchase or lease expense for land, structures, real or personal property, rights, rights-of-way, roads, franchises, easements, and interests acquired or used for, or in connection with, the project and costs of demolishing or removing buildings or structures on land so acquired;

(B)

Expenses incurred for utility lines, structures, or equipment charges;

(C)

Interest prior to, and during, construction, and for a period as may be necessary for the operation of a project;

(D)

Provisions for reserves for principal and interest for extensions, enlargements, additions, improvements, and extraordinary repairs and replacements;

(E)

Expenses incurred for architectural, engineering, energy efficiency technology, design and consulting, financial, and legal services;

(F)

Fees for letters of credit, bond insurance, debt service reserve insurance, surety bonds, or similar credit or liquidity enhancement instruments;

(G)

Costs and expenses associated with the conduct and preparation of specification and feasibility studies, plans, surveys, historic structure reports, and estimates of expenses and revenues;

(H)

Expenses necessary or incident to issuing Bonds and determining the feasibility and the fiscal impact of financing the acquisition, construction, or development of a project; and

(I)

The provision of a proper allowance for contingencies and initial working capital.

(3)

“Home Rule Act” means .

(4)

“Owner” means, with respect to the PILOT parcel, the owner of a fee simple or a possessory interest.

(5)

“Payments in lieu of taxes” or “PILOT” means payments made with respect to a PILOT parcel for a PILOT period in lieu of real property taxes.

(6)

“PILOT agreement” means a written agreement between the District and the owner of a PILOT parcel providing for payments in lieu of taxes for the purpose of financing one or more projects or for other authorized uses as provided under this part.

(7)

“PILOT parcel” means a tax lot or lots (or a portion thereof) exempt from the payment of real property tax in accordance with the provisions of this part and .

(8)

“PILOT period” means the period during which a PILOT parcel (or a portion thereof) will be exempt from the payment of real property tax.

Annotations

Resolution 18-389, § 2(1)(A), was amended by , § 8002.

Resolution 18-389, the “DOT PILOT Revision Emergency Approval Resolution of 2010”, was approved effective February 2, 2010.

Source: official District Of Columbia text · Last verified 2026-08-27

Frequently Asked Questions About District Of Columbia § 1-308.01

What does D.C. Code § 1-308.01 cover?

Section 1-308.01 ("Definitions.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite District Of Columbia § 1-308.01?

A common citation format is "D.C. Code § 1-308.01" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of District Of Columbia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.

How does District Of Columbia § 1-308.01 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.